1 Comment
⭠ Return to thread

Interesting

Mercantilist Policies:

Encouraging Exports: Governments would subsidize industries to produce goods for export, and they would also seek to find new markets for their goods.

Discouraging Imports: Governments would impose tariffs (taxes on imported goods) to make foreign goods more expensive and protect domestic industries.

Establishing Colonies: Colonies were seen as a source of raw materials and a market for manufactured goods, further contributing to the nation's wea

Expand full comment